I-Refi

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The I-Refiprogramis designed to help homeowners who are current on their mortgage payments but owe more than their home is worth. You can qualify for up to $50,000 in federal assistance to reduce the balance owed on your mortgage and refinance into a new affordable loan based on the current market value of your home. Please note that IHDA does not process loan applications. We use top performing lenders to answer questions about your unique circumstances and help you apply for a refinance. To apply, contact an I-Refi lendertoday.

The I-Refi program offers up to $50,000 in federal assistance through the Hardest Hit Fund (HHF) to buy down your mortgage and refinance you into an affordable loan. I-Refi is designed to help homeowners who have been current on their mortgage payments for at least 12 months and must also qualify for the new loan under IHDA’s income and credit requirements. Before the loan is approved, lenders must order a professional appraisal to assess the value of the home. If you previously received HHF assistance, you are still eligible to apply for the I-Refi program.

FACEBOOK

Meet Takiesha who is a new Compliance Analyst in our Asset Management Department! Takiesha is a huge Chicago Bears fan – so much so that she tries to get to #Bears training camp at least twice a year. Takiesha is a voracious reader and has even written three children books. #AuthorAuthor She also loves to recycle and reinvent things, such as pop sockets out of Pringle tops, and decorative night lights out of wine canisters. #DIYer